Beaverton, OR (PRWEB) February 11, 2008
Provider Advantage (Beaverton, OR) and Cincom Systems (Cincinnati, OH) announce a partnership with Financial Healthcare Systems, LLC (FHS), to power the pricing estimation services within the Revenue360 solution for the healthcare industry.
Through FHS, the Revenue360 Pricing Estimator module will give providers credible pricing estimation to establish the patient's financial obligation at the earliest point of patient contact. The Revenue360 Pricing Estimator module enables providers to meet the demands for price transparency and patient consumerism by using intelligent logic to calculate procedural charges, analyze historical data, evaluate contractual pricing between the hospital and the payer, and apply patient insurance benefit information.
FHS, headquartered in Denver, CO, was selected to provide this necessary and proactive service based on their best-of-breed technology and in-depth knowledge of pricing transparency initiatives.
"Based on our research, FHS provides the most comprehensive solution. But superior technology is not what sold us alone," said Lois Cameron, Director of Strategic Product Management for Provider Advantage. "Tim Estes and Travis Gentry, founders of FHS, impressed us with their robust transparency solution and more importantly, their ability to build an organization that has such an in-depth understanding of the principles of pricing transparency mandates. Within their proprietary solution, they have taken the steps necessary to understand how transparency mandates and pricing estimation affects hospitals and consumers alike. Best of all, they built their application around hospital processes which provides effective integration without disrupting the hospital work flow."
"We are proud to have been selected to power the Revenue360 Pricing Estimator module," said Travis Gentry, president and co-founder of FHS. "FHS has dedicated over three years to creating and testing our innovative ACE Logicus™ estimation product in order to ensure credible results. It is humbling for us to be partnered with Provider Advantage and Cincom as they focus on increasing operational efficiencies and we together impact the future of healthcare."
For more information visit http://www.revenue360.net